Semanteon Capital Management LP Makes New $1.28 Million Investment in Johnson Controls International plc (NYSE:JCI)

Semanteon Capital Management LP bought a new stake in Johnson Controls International plc (NYSE:JCI) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 22,229 shares of the company’s stock, valued at approximately $1,281,000. Johnson Controls International makes up 0.9% of Semanteon Capital Management LP’s holdings, making the stock its 2nd biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of JCI. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Johnson Controls International during the 4th quarter valued at approximately $25,000. NBC Securities Inc. purchased a new stake in Johnson Controls International in the third quarter valued at $26,000. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Johnson Controls International in the 3rd quarter valued at $30,000. Headinvest LLC purchased a new position in shares of Johnson Controls International during the 3rd quarter worth $30,000. Finally, West Paces Advisors Inc. acquired a new stake in shares of Johnson Controls International during the 3rd quarter worth about $31,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

JCI has been the topic of a number of recent analyst reports. Argus lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $60.00 target price (down previously from $65.00) on shares of Johnson Controls International in a research report on Wednesday, January 31st. Mizuho lowered Johnson Controls International from a “buy” rating to a “neutral” rating and set a $62.00 price target for the company. in a research report on Friday, February 23rd. StockNews.com downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a report on Thursday, January 25th. Finally, Barclays raised their target price on Johnson Controls International from $59.00 to $61.00 and gave the company an “equal weight” rating in a report on Tuesday, April 2nd. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Johnson Controls International presently has a consensus rating of “Hold” and a consensus price target of $64.50.

Johnson Controls International Stock Down 0.2 %

Shares of NYSE:JCI traded down $0.16 during trading hours on Thursday, reaching $64.45. The stock had a trading volume of 5,004,651 shares, compared to its average volume of 5,532,641. Johnson Controls International plc has a 1 year low of $47.90 and a 1 year high of $70.43. The firm’s 50 day moving average is $62.63 and its 200-day moving average is $56.78. The stock has a market capitalization of $43.92 billion, a price-to-earnings ratio of 20.99, a P/E/G ratio of 1.64 and a beta of 1.24. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.73 and a current ratio of 0.97.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Tuesday, January 30th. The company reported $0.51 EPS for the quarter, meeting the consensus estimate of $0.51. The firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.94 billion. Johnson Controls International had a return on equity of 13.08% and a net margin of 7.85%. Johnson Controls International’s revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.67 earnings per share. Research analysts predict that Johnson Controls International plc will post 3.61 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 19th. Investors of record on Monday, March 25th were paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 2.30%. The ex-dividend date of this dividend was Friday, March 22nd. Johnson Controls International’s payout ratio is 48.21%.

Johnson Controls International Company Profile

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.